Nonprofit · EIN 81-2774889
ATLANTA DREAM ACADEMY
Tax-exempt · COLLEGE PARK, GA 30337
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,637,748 | $4,631,245 | -$993,497 | $13,682,955 | $16,133,538 | -$2,450,583 |
| June 30, 2024 | 990 | $4,499,542 | $6,973,554 | -$2,474,012 | $15,332,294 | $16,789,380 | -$1,457,086 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $597,274
- of which government grants
- $597,274
- Program service revenue
- $3,040,474
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $3,839,699
- Management and general (functional)
- $791,546
Balance sheet and other
- Total assets, start of year
- $15,332,294
- Total assets, end of year
- $13,682,955
- Total liabilities, end of year
- $16,133,538
- Net assets, end of year
- -$2,450,583
- Land, buildings and equipment
- $11,314,478
- Net assets without donor restrictions
- -$2,450,583
- Gross receipts
- $3,637,748
- Employees
- 40
- Year formed
- 2016
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAINA CHIPMAN-LEEKS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $201,500 |
| BREANA BROWN | DIRECTOR OF ACADEMICS Highest-paid employee | 40 | $116,150 |
| SHARLENA CARSON | DIRECTOR OF COMPLIANCE Highest-paid employee | 40 | $116,150 |
| AUDREY WILLIAMSON | SECRETARY VICE CHAIR Trustee or director, Officer | 0 | $0 |
| JANELLE FUNDERBURK | BOARD MEMBER Trustee or director | 0 | $0 |
| SHERIDA MABON | CHAIR Trustee or director, Officer | 0 | $0 |
| TRAVIS JONES | BOARD MEMBER Trustee or director | 0 | $0 |
| TERREL THOMAS | BOARD MEMBER Trustee or director | 0 | $0 |
| KASON WHITE | BOARD MEMBER Trustee or director | 0 | $0 |
| DANIEL FARR | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAINA CHIPMAN LEEKS | EXECUTIVE DIRECTOR Trustee or director, Key employee | 40 | $184,250 |
| BARRY WILLIAMS | DIRECTOR Highest-paid employee | 40 | $176,000 |
| TERREL THOMAS | BOARD MEMBER Trustee or director | 0 | $0 |
| KASON WHITE | BOARD MEMBER Trustee or director | 0 | $0 |
| DANIEL FARR | BOARD MEMBER Trustee or director | 0 | $0 |
| TRAVIS JONES | BOARD MEMBER Trustee or director | 0 | $0 |
| JANELLE FUNDERBURK | BOARD MEMBER Trustee or director | 0 | $0 |
| SHERIDA MABON | CHAIR Trustee or director, Officer | 0 | $0 |
| AUDREY WILLIAMSON | SECRETARY VICE CHAIR Trustee or director, Officer | 0 | $0 |
| ERIC WELLS | TREASURER Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1743 HARDIN AVE, COLLEGE PARK, GA 30337-2059
- In care of
- % SHERIDA MABON
- Mailing address (990-N for 2018)
- 2145 Collins Dr, Dallas GA 30318
- Principal officer (990-N for 2018)
- Alaina Chipman-Leeks, 2275 Marietta Blvd NW Ste 270-378, Atlanta GA 30318
- Signed the 990
- SHERIDA MABON, CHAIR
- Phone
- (404) 579-0247
- Return prepared by
- BAMBO SONAIKE CPA LLC
Mission
OPERATION OF A CHARTER SCHOOL.
Program accomplishments
- OPERATION OF A CHARTER SCHOOL.Expenses $3,839,699
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2774889
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $13,682,955
- Income (IRS master file)
- $3,637,748
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,637,748 | $4,631,245 | $13,682,955 | IRS |
| 990 | June 2024 | $4,499,542 | $6,973,554 | $15,332,294 | XML |
| 990 | June 2023 | $5,828,862 | $6,398,992 | $4,958,767 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Alaina Chipman-Leeks | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2774889).
Questions about ATLANTA DREAM ACADEMY
- What is the EIN of ATLANTA DREAM ACADEMY?
- The employer identification number (EIN) of ATLANTA DREAM ACADEMY is 81-2774889.
- Is ATLANTA DREAM ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ATLANTA DREAM ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ATLANTA DREAM ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ATLANTA DREAM ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ATLANTA DREAM ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ATLANTA DREAM ACADEMY?
- The 990-N for 2018 names Alaina Chipman-Leeks.
- Who are the officers and directors of ATLANTA DREAM ACADEMY?
- The 990 for the year ended June 30, 2025 lists 10 people; 3 received compensation from the organization, the highest $201,500 (ALAINA CHIPMAN-LEEKS, EXECUTIVE DIRECTOR).
- How much revenue does ATLANTA DREAM ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,637,748, expenses of $4,631,245 and total assets of $13,682,955 at year end.
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